Arizona Comment on Today’s National Jobs Report

Date: June 03, 2021

Small-business owners report fourth consecutive month of a record high unfilled job openings

FOR IMMEDIATE RELEASE
Contact: Chad Heinrich, Arizona State Director, [email protected]
or Tony Malandra, Senior Media Manager, [email protected]

PHOENIX, June 3, 2021—From Chad Heinrich, Arizona state director for the National Federation of Independent Business (NFIB), the nation’s largest small-business association, on today’s release of the monthly Jobs Report from NFIB showing a fourth consecutive month of record highs in unfilled job openings.

“Today the strong headwinds faced by small business in Arizona are not caused by the virus, but instead, by the government. Despite a record number of job openings and increasing pay, small businesses can’t compete with the oversized benefits would-be employees are receiving through the unemployment system. Soon, if our State Legislature doesn’t respond, we will see small business optimism in Arizona wane due to the known detrimental economic impacts of the ballot box tax increase known as Proposition 208. In 2020, voters were lied to and told that the largest tax increase in state history wouldn’t impact small businesses. Owners knew better and are now hoping the State Legislature responds by adopting a fairer, flatter tax plan so small businesses can continue to drive the Arizona economy forward.”

Click here to read NFIB’s national news release, which contains a link to the full report.

From NFIB Chief Economist Bill Dunkelberg

“Small business owners are struggling at record levels trying to get workers back in open positions. Owners are offering higher wages to try to remedy the labor shortage problem. Ultimately, higher labor costs are being passed on to customers in higher selling prices.”

NFIB’s Jobs Report is a national snapshot not broken down by state. Today’s results are based on 659 respondents to the May survey of a random sample of NFIB’s member firms, surveyed through 5/28/2021. The NFIB Research Foundation has collected Small Business Economic Trends data with quarterly surveys since 1974 and monthly surveys since 1986.

Keep up with the latest on Arizona small business news at www.nfib.com/arizona or by following NFIB on Twitter @NFIB_AZ

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For 78 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since its founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.

NFIB Arizona
602-263-7690
NFIB.com/AZ
Twitter: @NFIB_AZ

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